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I have work ex of 16+ yrs. Want to move to teaching / consulting in next few years. Will online PHDs help? How do they compare against full-time PhDs.

they don't.

there are tons of reasons but here is a few:

1-an online 'phd' costs you $$$2-i don't think there are any AACSB accredited PhD programs3-without accreditation your doctorate is worthless4-i can't see how you can conduct serious research without access to libraries, computing facilities & labs, human interaction with others, etc. 5-since your focus is teaching, and not research, how are you going to do teaching practicums online?6-you won't get any of the college experience, and you will be shell shocked if you ever get a gig as a lecturer... working as an academic is not the same thing as working in industry.

I have work ex of 16+ yrs. Want to move to teaching / consulting in next few years. Will online PHDs help? How do they compare against full-time PhDs.

they don't.

there are tons of reasons but here is a few:

1-an online 'phd' costs you $$$2-i don't think there are any AACSB accredited PhD programs3-without accreditation your doctorate is worthless4-i can't see how you can conduct serious research without access to libraries, computing facilities & labs, human interaction with others, etc. 5-since your focus is teaching, and not research, how are you going to do teaching practicums online?6-you won't get any of the college experience, and you will be shell shocked if you ever get a gig as a lecturer... working as an academic is not the same thing as working in industry.

I second that. If anyone has any kind of anecdote as to what the benefit of an online PhD is, I'd like to hear it.